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    202-224 N Derby Ln North Sioux City, SD 57049

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    For Sale
    $2,764,018

    Single tenant, long-term leased investment property.

    Property size:
    22,370 SF

    Property Features for 202-224 N Derby Ln

    General Information

    Size
    22,370 SF

    Building Details

    Year built
    1997

    Source: Chris Bogenrief, SIOR, CCIM, MBA Agent Chris Bogenrief, SIOR, CCIM, MBA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Net Leased Investment Property

    This single-tenant, net-leased investment property is fully occupied by a food testing laboratory that has been in place since January 1, 2008, and has recently expanded its lease to include the balance of the building. The tenant is SGS, a testing, inspection, and certification company founded in 1878 and headquartered in Geneva, Switzerland. SGS operates a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 professionals. The property is located just off I-29 SD Exit 2, across from a McDonald's. The property contains 22,370 square feet and is suitable for warehouse and industrial use.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    ABC Self Storage, Titan Storage, North Sioux Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    North Sioux City
    County
    Union
    State
    South Dakota
    Longitude
    -96.4950636
    Latitude
    42.5265123

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    FAQs

    What type of property is this?
    Warehouse - Single tenant, long-term leased investment property.
    Where is this warehouse located?
    The property is located at 202-224 N Derby Ln North Sioux City, SD.
    What is the asking price?
    The asking price for this property is $2,764,018.
    What are key features of this property?
    This property features: - Single tenant net leased property provides stable, passive income.; - Long-term lease in place with established tenant.; - Tenant is SGS, the world's leading testing, inspection, and certification company.
    (712) 204-6261
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202-224 N Derby Ln North Sioux City, SD 57049
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